WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 176.87

-2.4%

3:59 PM EST

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To: Art Bechhoefer who wrote (26267)	6/29/2004 4:37:07 PM
From: JesseK	Read Replies (3) of 60323

Today's In Play 16:34 ET Lexar Media lowers Q2 expectations (LEXR) 8.01 +0.09: Co sees Q2 (Jun) expects revs in the range of $155-160 mln, Reuters consensus is $186 mln and sees a loss in the range of $17-19 mln. Co attributes its lower than expected results for Q2 to a number of factors: Greater than anticipated price reductions and price protection obligations during the quarter negatively impacted product revenues and gross margins, as well as, combination of the timing of cost reductions, component purchases and product sales during the quarter resulted in the company not being able to fully recognize the benefits of lower costs achieved during the quarter. This can't be good for Sandisk! Jesse Clancy

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